Minister of State for Petroleum Resources and Group Managing Director of the Nigeria National Petroleum Corporation NNPC, Ibe Kachikwu, says the oil company is just being rearranged and not unbundled. He said this while talking with State House Correspondence after ...

#Fuel crisis looms as workers shut down NNPC locations over the Unbundling Process. Ibe Kachikwu, minister of state for petroleum assets who serves as the NNPC group managing overseeing managing , had declared the creation of seven free units on Tuesday, in ...

Lolade Comments Off on President Buhari unbundles NNPC into 7 operational units, names new heads

President Buhari has endorsed the quick unbundling of the Nigerian National Petroleum Corporation, NNPC, into seven independent operational units. Minister of State for Petroleum Resources, Ibe Kachikwu, made this known today March eighth. As per Kachiukwu, the new units are ...

The Nigerian National Petroleum Corporation, NNPC, yesterday, apologized to Nigerians for the hardship experienced in buying petrol, while it likewise expressed that it had gone into an association with security offices in the nation to help with the checking of ...

**Vows to promote local content President Muhammadu Buhari has guaranteed that the government will keep on advancing and ensure all endeavors focused at accomplishing modern development and enhance the financial advancement of Nigeria empowering environment. He likewise noted that legislature will ...

Lolade Comments Off on NNPC Group Executive Directors Get Sack letter One after the other

Barely 24 hours after the new Managing chief was appointed for NNPC , the Executive Directors of the oil company have been sacked taking effect right away while their substitutions have been named by the Federal government . The GEDs ...

Previous Central Bank Governor and now Emir of Kano, Muhammadu Sanusi II who blew the cover on the missing NNPC cash has assessed the recently released PWC evaluators provide details regarding the missing NNPC cash. He shared his contemplations in ...

A forensic audit of Nigeria’s state oil firm released on Monday confirmed the accusation by Emir Muhammed Sanusi that the NNPC withheld about $20 billion that it ought to have remitted to the national treasury. The report ordered released by ...